Builders FirstSource reported a second-quarter GAAP loss of $0.04 per share, missing analyst estimates by $0.79. Revenue came in at $3.86 billion, down 8.1% year-over-year and $60 million below consensus. Net sales were $3.9 billion, an 8.8% decline driven by a weaker housing starts environment, with core organic net sales down 7.0% as single-family fell 8.1%, multi-family dropped 9.7%, and repair and remodel slipped 1.8%. For 2026, the company guided net sales between $14.0 billion and $14.8 billion, gross profit margin of 27.5% to 28.5%, adjusted EBITDA of $1.0 billion to $1.2 billion, and free cash flow of approximately $0.4 billion to $0.5 billion. Shares fell 6% in pre-market trading.
Builders FirstSource IncQ2 GAAP loss of $0.04 per share missed estimates by $0.79, revenue down 8.1% and below consensus, with weak guidance for 2026.